Cisco sees Q1 FY 2027 revenue between $18.0 bln and $18.2 bln.
Company expects FY 2027 revenue of $72.2 bln to $73.4 bln.
Cisco anticipates strong demand and significant growth opportunities in AI infrastructure.
Overview
U.S. networking equipment maker's fiscal Q4 revenue rose 18%, beating analyst expectations.
Adjusted EPS for fiscal Q4 beat consensus, driven by strong demand and operating efficiency.
Company returned $3.2 bln to shareholders via buybacks and dividends in the quarter.
Analyst coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the communications & networking peer group is "buy".
Wall Street's median 12-month price target for Cisco Systems Inc is $130.00, about 7.9% above its August 11 closing price of $120.43.
The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 21 three months ago.
Result drivers and key details
— Co said Q4 product orders rose 35% year over year, with networking product orders up 40%, citing broad-based demand and a networking supercycle.
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